Make your vote, Bitcoin will hit 18K now?

[troubled soul]

Main purpose of Bitcoin is to eliminate Third party in financial industry like Bank, Broker etc.
Due to greed of people, Bitcoin turn into casino and money laundering hub. Most funny part is the this exchange like coinbase,binance etc. If you need them to use crypto than what is the need of crypto. What's wrong with traditional Bank ???? Most elite tech rich people does not focus on Crypto adaptation. IN 2022 how many main stream people are not using crypto for day to day to activates. There will be new coin and new exchange appear everyday but people use it is less. Due to lack to adaptation , It turn into the Digital Gold. It just kill the soul of bitcoin. It never meant to be Digital Gold.

Imagine a World Where you buy stock without broker, where central bank can adopt block chain and everybody can buy Gov BOnd without any broker or middle man. Whole life can be run without middleman. Forget the price and Digital Gold thing just try to understand the real Blockchain adaptation can done the miracle.

There are many government welfare scheme, Due to corruption , the needy people does not get benefit. using blockchain you can eliminate corruption . By direct transfer money to needy people.
Big company can eliminate whole financial department.

p.s. I am not expert. just give some thought hope you like it

 

[fortunespeculator]

View attachment 3842

Thank you azb1.Golden Fleece - this right here is Nuff said.

 

[bizman]

What's your thoughts. BTC 20,5K will it fall deeper or is it the end of the down and it will rise?

 

[clemens]

It is to early to say if it is going up or down, things depends on the FED what they decide I believe.

 

[04372]

Up only in the near term

 

[diatessaron]

Place your bids boys, this is where you make money.

 

[backpacker]

Place your bids boys, this is where you make money.

More often than not you make money by just watching others placing their (ridiculous) bids ...
The current market environment is most likely one of these situations.

Understand that not loosing money is very often your biggest gain.

 

[diatessaron]

More often than not you make money by just watching others placing their (ridiculous) bids ...
The current market environment is most likely one of these situations.

Understand that not loosing money is very often your biggest gain.

No. That's not how it works.

 

[Golden Fleece]

No. That's not how it works.

That is exactly how it works. He used the proper caveat "More often than not," which is true.

You sit on your money until you see an investment where all the factors line up in your favor, then you pounce.

""The way of the successful investor is normally to do nothing -- not until you see money lying there, somewhere over in the corner, and all that is left for you to do is go over and pick it up." Legendary investor Jim Rogers.

 

[fortunespeculator]

That is exactly how it works. He used the proper caveat "More often than not," which is true.

You sit on your money until you see an investment where all the factors line up in your favor, then you pounce.

""The way of the successful investor is normally to do nothing -- not until you see money lying there, somewhere over in the corner, and all that is left for you to do is go over and pick it up." Legendary investor Jim Rogers.

View attachment 3849

Ya you need to wait for good opportunities,its more like hunting.You have to be patient till the opportune time to pull the trigger.I still think 12 k is on the cards after a halt at 18 k

 

[JohnnyDoe]

Ya you need to wait for good opportunities,its more like hunting.You have to be patient till the opportune time to pull the trigger.I still think 12 k is on the cards after a halt at 18 k

Like that guy who is still waiting for btc to retrace to $500 after it hit $1k

 

[fortunespeculator]

Like that guy who is still waiting for btc to retrace to $500 after it hit $1k

Well lets see if it gets to 12 k,you can give me the recommendation letter for the Bahamas Right to reside( i had checked the requirements ) and we can enjoy a meal together.Obviously you pay the bill.If it doesnt get there and i am in Bahamas i will take you out for lunch.Any good recommendations for a nice restaurant??

 

[JohnnyDoe]

Well lets see if it gets to 12 k,you can give me the recommendation letter for the Bahamas Residency( i had checked the requirements ) and we can enjoy a meal together.Obviously you pay the bill.If it doesnt get there and i am in Bahamas i will take you out for lunch.

You should better not associate with me or all your banking nightmares will become true

 

[fortunespeculator]

You should better not associate with me or all your banking nightmares will become true

Ha ha ha why??

 

[JohnnyDoe]

Ha ha ha why??

Because I suspect I am on some sort of secret blacklist shared by banks, and that list extends to my friends/relatives/acquaintances/fans

 

[diatessaron]

That is exactly how it works. He used the proper caveat "More often than not," which is true.

You sit on your money until you see an investment where all the factors line up in your favor, then you pounce.

""The way of the successful investor is normally to do nothing -- not until you see money lying there, somewhere over in the corner, and all that is left for you to do is go over and pick it up." Legendary investor Jim Rogers.

View attachment 3849

Bitcoin is down 69% from it's ATH (69k), chart-wise, it's never gone under it's previous ATH. Old ATH is that of December 2017 when it hit 21,000 United States Dollars.

Indicator-wise, MVRV Z Score has already entered bottom territory, same level as March 2020 (first time crypto went through a real bear market) or March 2012, or September 2015. This indicator didn't hit the red price range like with previous bull runs, if one was to only base their investment on this indicator this would be the best bidding range since 2020.

Other indicator crap like RHODL ratio, Pi Cycle Top, RUPL/NUPL are also closer to the bottom than to the top.

And the most important line of them all, the 200 week MA, the one line BTC has always jumped off like floor was lava has already been touched.

Whale-wise, they're bidding. Short-Medium-Long term target? I don't know.

I'm in it to sell at 144k. I'd prefer buying now and temporarily lose 8k if it goes to 12k and/or bid now and make at least 100% within 2022. 400%-500% within 3 years. Nobody other than Blackrocks engine can nail the bottom.

Can it go lower? Of course it can, however, I don't gamble unless I know the game is rigged in my favor.

Please save the Warren Buffett memes for people who just entered the space, not me. People were waiting for 18k last July, it never came, now people are waiting to buy at 12k, thinking they can nail the bottom. Good luck, you will probably be the first one to do so.

 

[fortunespeculator]

Bitcoin is down 69% from it's ATH (69k), chart-wise, it's never gone under it's previous ATH. Old ATH is that of December 2017 when it hit 21,000 United States Dollars.

Indicator-wise, MVRV Z Score has already entered bottom territory, same level as March 2020 (first time crypto went through a real bear market) or March 2012, or September 2015. This indicator didn't hit the red price range like with previous bull runs, if one was to only base their investment on this indicator this would be the best bidding range since 2020.

Other indicator crap like RHODL ratio, Pi Cycle Top, RUPL/NUPL are also closer to the bottom than to the top.

And the most important line of them all, the 200 week MA, the one line BTC has always jumped off like floor was lava has already been touched.

Whale-wise, they're bidding. Short-Medium-Long term target? I don't know.

I'm in it to sell at 144k. I'd prefer buying now and temporarily lose 8k if it goes to 12k and/or bid now and make at least 100% within 2022. 400%-500% within 3 years. Nobody other than Blackrocks engine can nail the bottom.

Can it go lower? Of course it can, however, I don't gamble unless I know the game is rigged in my favor.

Please save the Warren Buffett memes for people who just entered the space, not me. People were waiting for 18k last July, it never came, now people are waiting to buy at 12k, thinking they can nail the bottom. Good luck, you will probably be the first one to do so.

Well lunch as discussed.Johhnny said he wont be there so you can join me.

 

[diatessaron]

Well lunch as discussed.Johhnny said he wont be there so you can join me.

Let me know when in Ulaanbaatar or Helsinki .

 

[fortunespeculator]

Let me know when in Ulaanbaatar or Helsinki .

You are in Mongolia,any good banks there?By the way i never talked about nailing the bottom.

 

[diatessaron]

You are in Mongolia,any good banks there?By the way i never talked about nailing the bottom.

Banks here suck, very low limits and all of the transfers I've sent to European banks have been flagged. Don't worry about it, I should let people know I invest based on my risk appetite, it all depends on someones cash supply etc etc.